Steelco manufactures two types of steel at three different steel mills. During a given month, each s


Question: Steelco manufactures two types of steel at three different steel mills. During a given month, each steel mill has 200 hours of blast furnace time available. Because of differences in the furnaces at each mill, the tiMeand cost to produce a ton of steel differ for each mill, as listed in the file P04_62.xls. Each month Steelco must manufacture at least 500 tons of steel 1 and 600 tons of steel 2. Determine how Steelco can minimize the cost of manufacturing the desired steel using Excel's solver.

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Answer: The answer consists of 2 pages
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